LIC

Financial planning

PIMCO has scrapped plans to launch a listed investment trust in Australia due to insufficient demand, just two weeks after announcing its plans....

Funds management

Moving away from a closed-ended structure into an active exchange traded fund has been a successful move for the firm as it reports its first results in the new structure...

Funds management

There are likely to be fewer listed investment vehicles coming to market, according to one of Australia’s oldest listed investment companies, as they find it hard to cove...

Features

Last year’s volatility has prompted several listed investment vehicles to move away from the structure but firms operating them say there are still benefits, writes Laura...

Funds management

The Listed investment companies (LICs) and Listed investment trusts (LITs) sector has seen its market capitalisation rise 32% from a year ago, according to the Listed Inv...

Funds management

Listed investment companies will be under the spotlight as Wilson Asset Management lists its Strategic Value (WAR) fund on the Australian Securities Exchange today....

Tools & guides

Closed-ended investment funds have received negative press lately, writes Angus Gluskie, so how do they work and what do investors need to know about premiums and discou...

Funds management

The firm has completed a three-year effort to restructure its Monash Absolute Investment Company into an exchange traded managed fund, admitting it was a mistake to opt f...

Funds management

The listed investment companies and listed investment trusts sector has regained $13 billion in market capitalisation as the sector has generated return and income during...

Funds management

There has been a strong growth in the number of listed investment companies or listed investment trusts that offer access to alternatives and fixed income....

Funds management

Over the last few years listed investment companies have shifted from Australian equities towards fixed interest, according to research. ...

Financial planning

Antipodes Global Investment Company has announced plans for a conditional tender offer program to address the firm’s share price discount to net tangible assets, a first ...

Funds management

Although the overall market capitalisation for the listed investment company and listed investment trust sector dropped 2% to $44 million over 2019/20, the sector’s marke...

Tools & guides

Angus Gluskie outlines the difference between listed vehicles and their open-ended counterparts and the benefits they offer investors....

Policy & Regulation

The ban on conflicted remuneration to listed investment companies will be extended following a consultation by the Treasury, removing an impediment to the FASEA exam exte...

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

4 months 3 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

5 months ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

7 months ago

Commonwealth Bank has formally dropped to zero advisers following LGT Crestone’s acquisition of its advice arm – some six years on from the Hayne royal commission. ...

3 weeks 5 days ago

The FSCP has issued a written direction to an adviser who charged clients “extraordinary fees” for inappropriate and conflicted advice, as well as encouraged them to swit...

1 week 1 day ago

ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...

2 weeks 4 days ago